| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 981132 | Procedia Economics and Finance | 2015 | 7 Pages |
Abstract
The value at risk is one of the most essential risk measures used in the financial industry. Even though from time to time criticized, the VaR is a valuable method for many investors. This paper describes how the VaR is computed in practice, and gives a short overview of value at risk history. Finally, paper describes the basic types of methods and compares their similarities and differences.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
